Schroder Income Growth (LON:SCF) Sets New 12-Month High - Should You Buy?

Key Points

• Schroder Income Growth (LON:SCF) reached a new 52-week high of GBX 321 ($4.35) during trading, with a volume of 65,290 shares.
• The company has consistently raised its dividend for the past 24 years, making it appealing to income-seeking investors.
• Managed by Sue Noffke, who has over 20 years of experience in UK equities, the fund focuses on investing in dividend-paying companies with potential for growth.

Schroder Income Growth (LON:SCF - Get Free Report) hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 321 ($4.34) and last traded at GBX 321 ($4.34), with a volume of 65290 shares changing hands. The stock had previously closed at GBX 319 ($4.31).

Schroder Income Growth Stock Performance

The business's fifty day moving average is GBX 313.10 and its 200-day moving average is GBX 299.68. The firm has a market cap of £227.70 million, a P/E ratio of 6.11 and a beta of 0.89.

Schroder Income Growth Company Profile

- Targets outperformance by investing in the shares of companies paying dividends that should grow faster than the rate of inflation. - Has raised its dividend consistently for the past 24 years, making it an attractive proposition for income-seeking investors. - Managed by Sue Noffke, who has more than 20 years of investment experience specialising in UK equities. - Fundamental research is at the heart of the investment process and Sue looks for out of favour companies that have the potential to deliver strong future returns.